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...Prime Minister Sher Bahadur Deuba tells TIME that "we are determined to give full protection to the industries and citizens" of Nepal, but the rebels' intimidation continues: last Friday, explosions rocked a Kathmandu government office and a guard post. Nepalese security analyst Indrajit Rai says cutting off Kathmandu could signal a possible endgame. "[The Maoists] are beginning to tighten their grip," he says. "Penetration [of Kathmandu] could follow the blockade, including sabotage attacks in Kathmandu. That's always been the plan." A full-scale siege is unlikely?the Maoists remain an outnumbered guerrilla force?but their war of harassment...

Author: /time Magazine | Title: Capital Punishment | 8/23/2004 | See Source »

...People don't believe that Saudi Arabia can or will bring that oil to the market quickly," says Simon Wardell, senior oil analyst at World Markets Research Centre. "This is the Saudis trying to talk the price of oil down," he says. Saudi Arabia's problem isn't a lack of oil; rather, it needs to modernize its drilling and refining infrastructure. Even then, says Wardell, Saudi Arabia's extra capacity comes in the form of heavy crude - good for making diesel but not the in-demand light, sweet crude that refineries need for gasoline. And so most analysts...

Author: /time Magazine | Title: Bizwatch | 8/16/2004 | See Source »

...Moscow court last Friday overruled the Kremlin's seizure of Yukos' core production unit. The government's strategy is to "play a cat-and-mouse game with the company" to drive down its market value and hope to buy its oil assets on the cheap, asserts Mikhail Krutikhin, an analyst at consultant RusEnergy. Oil users across the globe are trapped in the game...

Author: /time Magazine | Title: Why Oil Prices Aren't Falling | 8/16/2004 | See Source »

...price and selling them as soon as the price jumps--or they want the company to be valued as highly as longtime rival Yahoo (which currently beats Google in total profits, as well as quarterly growth). "Either way," says Mark Mahaney, San Francisco analyst for American Technology Research, "this is a real case of Buyer, beware...

Author: /time Magazine | Title: Google's IPO: Buyer, Beware | 8/9/2004 | See Source »

What rapper-actor-designer wants to deal with IP addresses, anyway? "Anyone would have questions about setting up websites, especially someone whose main job is to record hit music," says Marshal Cohen, senior analyst at NPDFashion World. That's where the Web company, based in Secaucus, N.J., steps in. eFashion helps with image work too. Silano Foy--who, like her husband, is a former Calvin Klein exec--sits down with Kimora Lee Simmons to review each garment displayed on Baby Phat's site. In the corner of eFashion's warehouse are two mannequins, one for Rocawear's Web shots...

Author: /time Magazine | Title: Hip Hop's Online Shop | 8/9/2004 | See Source »

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